AK Steel Announces Third Quarter 2019 Financial Results
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AK Steel (AKS) Misses Q3 EPS by 3c
October 30, 2019 4:16 PM EDTAK Steel (NYSE: AKS) reported Q3 EPS of $0.01, $0.03 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.65 billion.
Outlook:
In July, the company provided annual guidance based on carbon hot-rolled coil pricing of approximately $555 per ton. This annual guidance also indicated that for every $10 change in the carbon hot-rolled coil spot market price, annual... More
